77 Yambo Street

Morisset NSW 2264

1012 m²

House

Last sold for $960,000

Matthew Wilson, last sold this property on 25 June 2025 after -2 days on market.

Overview

R3 Zoning | 1,012m² | TOD Eligible | Dual Income Potential

An exceptional opportunity in the heart of Morisset – 77 Yambo Street offers outstanding development potential with its R3 Medium Density Residential zoning, rear lane access, and prime location. Set on a gently undulating 1,012m² parcel with a wide 20-metre frontage, this property is ideally suited for townhouse development. Neighbouring sites of similar size and frontage have already been successfully developed with up to five townhouses, providing a strong precedent and a clear pathway forward. The existing brick and tile residence features three bedrooms, a spacious living area, and a single garage - with a potential rental return of approximately $600 per week. At the rear, a 10m x 8m (approx.) shed with rear lane access adds further value, offering scope for conversion into a secondary income stream or self-contained dwelling. Depending on the level of finish, this space could achieve a rental return of up to $450 per week. Importantly, the property is located within 800 metres of Morisset Train Station, placing it inside the NSW Government's Transport Oriented Development (TOD) zone - unlocking even greater flexibility and uplift potential under the State's new planning reforms. Whether you're an experienced developer, savvy investor, or strategic land banker, this is a rare opportunity to secure a premium site with holding income and exceptional long-term value. For further details or to arrange a private discussion, contact Matthew Wilson 0407 705 544 or Tom Gregg 0427 705 022.

Features

3 bedrooms

1 bathroom

3 carspaces

3 garage spaces

1012 m² lot size

House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Morisset over the last 12 months, the estimated median property value of 77 Yambo Street is $894.5k.

Median value

$894.5k

Estimated value range

$740k - $1.2m

Median days on market

Estimated value trend

30%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Morisset. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.